£172,375
This estimated value is based upon the latest sale price for the house of £136,000 on 29 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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20 Unit B, Western Gateway, Royal Victoria, Docklands, E16 1BS
Phone: 02080336025
| Price Paid | Date |
|---|---|
| £136,000 | 29 Sep 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £136,000 results in an estimated price of approximately £172,375.
| 29 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £136,000 | £36,375 | £172,375 |
The Postcode Pricing Model uses changes in average sales price within the E16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 49.735 % | £67,639 | £203,639 |
| 3 Month Average | 4.440 % | £6,038 | £142,038 |
| 6 Month Average | -7.672 % | £-10,433 | £125,566 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £516,253 | £510,000 | FLAT 3 THE OXYGEN, 18 WESTERN GATEWAY |
| 30 Mar 2023 | £312,948 | £310,000 | FLAT 65 THE OXYGEN, 18 WESTERN GATEWAY |
| 1 Mar 2023 | £302,853 | £300,000 | FLAT 47 THE OXYGEN, 18 WESTERN GATEWAY |
| 21 Jan 2022 | £337,297 | £320,500 | FLAT 59 THE OXYGEN, 18 WESTERN GATEWAY |
| 29 Nov 2021 | £535,349 | £495,000 | FLAT 17 THE OXYGEN, 18 WESTERN GATEWAY |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 29 Mar 2017. Using an estimated price of £172,375 means this house is valued at £3,447 per sq meter (£320 per sq foot).
The average size of a house on SEAGULL LANE is 62 sq meters (675 sq feet).